
Mumbai: The Nifty closed at its highest level in a month on Thursday, led by gains in rate-sensitive stocks such as HDFC after exports data stoked rate-cut hopes. The BSE benchmark index ended above the 19,000 level for the first time since April 2, while the benchmark 10-year bond yields fell to their lowest since July 28, 2010. Gains also tracked a rebound in European shares as this week's brutal...

09:59 AM, Apr 18, 2013

Mumbai: In a volatile trade, the BSE benchmark Sensex on Wednesday declined by 14 points on fag-end selling by funds in heavyweights like RIL, HDFC and TCS amid a weak global trend. Snapping two-days of gaining trend, the Sensex fell 13.77 points, or 0.07 per cent, to close at 18,731.16. The gauge touched the day's high of 18,869.88. The index had recorded a biggest climb in last session. Similarly, the...

09:49 AM, Apr 17, 2013

Mumbai: The rupee on Tuesday gained 19 paise to 54.43 against the dollar in early trade at the Interbank Foreign Exchange on Tuesday on increased selling of the US currency by exporters. Besides, strengthening of yen and euro against the dollar in overseas market and a higher opening in the equity market also supported the rupee, forex dealers said. The rupee had lost 10 paise to close at 54.62 on...

10:07 AM, Apr 16, 2013

Mumbai: The BSE benchmark Sensex on Tuesday surged 387 points, its biggest gain in seven months, to end at 18,744.93 led by banking, auto, power and realty scrips on hopes of aggressive rate cut by RBI and likely relief on CAD front due to falling gold and oil prices. Rising for the second day, the 30-share Sensex rose to the day's high of 18,771.33. It finally ended the day at...

09:52 AM, Apr 16, 2013

Mumbai: Snapping a five-day losing trend, the BSE benchmark Sensex on Wednesday recovered by 188 points led by buying in blue-chips such as HDFC, Infosys and TCS, amid a firming global trend. The Sensex rose 187.97 points, or 1.03 per cent, to close at 18,414.45. The index had lost 815 points in the last five session to trade at seven-month low. In a volatile trade, the gauge had touched the...

10:01 AM, Apr 10, 2013

Mumbai: After rising nearly 128 points in early trade on positive global cues, the BSE benchmark Sensex on Tuesday closed 211 points down to seven-month low of 18,226 on all-round selling led by IT and oil and gas sector stocks. Erasing initial gains, the 30-stock index fell for the 5th straight session by losing 211.30 points, or 1.15 per cent to 18,226.48, its lowest level since September 13, 2012. The...

09:38 AM, Apr 09, 2013

Mumbai: Key equity benchmarks ended a listless day of trade in the red. The BSE benchmark Sensex ended down 12.45 points at 18437.78, after touching an intraday low of 18,504.48. The NSE benchmark Nifty closed down 10.30 points at 5542.95. Shares of Bharti Airtel ended up nearly 4 per cent after the Supreme Court on Monday, allowed India's largest telecom operator, along with Vodafone and Idea Celluar, to maintain pacts...

09:40 AM, Apr 08, 2013

Mumbai: The rupee on Friday gained seven paise to 54.80 against the dollar in early trade at the Interbank Foreign Exchange on increased selling of the US currency by exporters. The local currency had lost 44 paise to hit one-month low of 54.87 a dollar on Thursday due to heavy capital outflows. Forex dealers said increased dollar selling by exporters helped rupee to trade a shade higher but the US...

09:54 AM, Apr 05, 2013

Mumbai: The Nifty is consolidating around 5550 after breaching it on the downside during the day. Blue chip stocks like L&T, JP Associates, Reliance Industries took a breather in trade today after heavy battering in previous sessions. The Nifty has lost 173 points or 3 per cent in last two days. FIIs have turned net sellers in the market pulling out close to Rs 700 crore in the same period....

09:32 AM, Apr 05, 2013

It was carnage on Dalal Street with the BSE Sensex shedding over 500 points in two trading sessions on Wednesday and Thursday. Political uncertainty, ETF funds and FII selling and ever-worsening economic data were the key triggers for the downfall. The Sensex closed at 18509, down 292 points or 1.55 percent and the Nifty ended at 5574, down 98 points or 1.73 percent. The benchmark indices closed below their 200-Day...

09:31 AM, Apr 04, 2013

New York: US stocks fell on Wednesday, with the S&P 500 index posting its biggest daily decline in more than a month, after a weaker-than-expected survey of private employers raised concerns about the strength of the economy. News the Pentagon was sending a missile defense system to Guam in the coming weeks and remarks by Defense Secretary Chuck Hagel that North Korea posed a "real and clear" danger added to...

05:48 AM, Apr 04, 2013

The rupee fell on Wednesday, tracking a decline in domestic stocks on global risk aversion ahead of the key global central bank decisions and US jobs data and on continued concerns over political stability at home. ...

06:23 PM, Apr 03, 2013

Benchmark indices tumbled on Wednesday, as bears targeted large caps across the board. Renewed speculation about early general elections, a dismal services PMI (Purchasing Managers Index) reading for March, and absence of institutional buying support aggravated the fall in the last hour of trade. ...

09:31 AM, Apr 03, 2013

Equity benchmarks ended marginally higher on Monday even as macro indicators showed that the economy is yet to turn. The Sensex rose 29 points to close at 18865 and the Nifty gained 22 points to close at 5704. Mid and small cap shares were the star performers of the day. ...

09:56 AM, Apr 01, 2013

The BSE benchmark Sensex on Thursday closed 131 points higher on fag-end buying by funds mainly in metal, capital goods, consumer durables, PSU and banking stocks amid expiry of the monthly derivatives contract. ...

09:48 AM, Mar 28, 2013

The rupee appreciated by 24 paise to 54.09 against the US dollar in early trade at the Interbank Foreign Exchange on Monday on sustained selling of the American currency by exporters and banks and increased capital inflows. ...

10:02 AM, Mar 25, 2013

uzlon Energy, which recast its loans in January, is hitting the overseas bond markets to raise USD 650 million to prepay its forex debts, making it the first domestic company under CDR to do so, according to company and merchant banking sources. ...

12:44 PM, Mar 24, 2013

Falling for the sixth day in a row, the Bombay Stock Exchange (BSE) benchmark Sensex on Friday hit fresh four months low by losing over 57 points as cautious investors refrained from buying on current political worries amid weak global cues. ...

09:29 AM, Mar 22, 2013

In highly volatile trade, the Bombay Stock Exchange benchmark Sensex on Thursday pared over 200-point gain to close the day 91 points down at nearly four-month low levels on emergence of fag-end selling amid new political developments and weak global cues. ...

09:47 AM, Mar 21, 2013

The rupee on Wednesday fell by 16 paise to 54.53 against the dollar in early trade at the Interbank Foreign Exchange market in line with weak local equities, following withdrawal of support by DMK to the Congress-led UPA government, despite RBI cutting its short-term lending rate. ...

10:28 AM, Mar 20, 2013